$2.6 Million in 2009 for Timeshare Owners Using Rental Management Service From Sell My Timeshare NOW

DOVER, NH--(Marketwire - February 11, 2010) - When Sell My Timeshare NOW, a company recognized as a leader in by-owner timeshare resales and timeshare rentals, launched a full service timeshare Rental Assist program, they started small. As CEO Jason Tremblay admits, the timeshare company was not sure if its market would be interested in assisted timeshare rental services. Many of the 2 million-plus consumers who visit the company's websites each month do so because they either are timeshare owners wanting a low cost way to sell or rent timeshare or are vacationers looking for great deals in vacation ownership and vacation rentals. Most timeshare owners using their properties as timeshare rentals buy ads on the company's high-visibility websites and handle the timeshare rental process themselves.

Tremblay says, "Over the years, Sell My Timeshare NOW has added timeshare broker services in response to buyers and sellers who want the assistance of a licensed real estate agent in the timeshare sales transaction. Our timeshare Rental Assist program began as a pilot to see if timeshare owners would also be interested in professional help with the rental process."

With more than $2.6 million in timeshare rentals completed last year by the Sell My Timeshare Rental Assist brokerage team of trained professionals, the company is confident it has developed a program that successfully fills a targeted need. Lucas Lanigan, Rental Sales Director, says, "By-owner timeshare rental is an excellent way to rent timeshare. But for some timeshare owners, there is a better solution. With Rental Assist, our team of experienced timeshare real estate professionals match timeshare owners with timeshare renters, handling every detail of the process -- turnkey service for the timeshare owner." In 2009, 1,450 timeshare owners rented their timeshare through this program for an average weekly rental rate of $1,808, which is more than triple the average owner's maintenance fee.

Lanigan, who heads the Rental Assist program, was a top producer for New England's InnSeason Resorts in-house sales division, Project Director at the Harbor Ridge Resort in Southwest Harbor, and a leader in sales and marketing for Festiva Resorts in Orlando, Florida, selling RCI Points. Like others on his team, Lanigan knows the timeshare industry inside and out and understands how to serve the needs of both timeshare owners and timeshare renters. Lanigan explains, "1,450 families enjoyed timeshare rental vacations last year because our Rental Assist team was able to get them the destination and price they wanted for their vacation during the dates that matched their schedule. Personalized service for the timeshare renter and worry-free, comprehensive service for the timeshare owner, and we are just getting started. In 2010, we expect to see timeshare Rental Assist soar, as timeshare owners recognize its value."

About Sell My Timeshare NOW: With offices in Dover, New Hampshire and Orlando, Florida, SellMyTimeshareNOW.com offers proven success in timeshare resale and rental advertising and timeshare brokerage. The company was recognized in 2008 and 2009 by Inc.com as one of the fastest growing, privately held companies in the US. SellMyTimeshareNOW also offers resorts, HOAs and developers a new and effective channel for rental.

Contact Information: Contact: Jay Bade VP of Business Development 603-516-0200 jaybade@sellmytimesharenow.com